Here’s Your Cash Flow Business Tip of the Week

A reputable funder will never, ever circumvent you. Sometimes people ask “what documentation do I use for a non-compete” and our reply is that we don’t use one of those from funders. We never see the reason to do that. When and if you need a document indicating that they won’t go around you, then ask them for the document that they use. Let them supply the documents. The very first thing we mentioned was that funders do most of the work; so they have the documents and we’re never concerned about being circumvented. This is a very tight-knit business, and if the funders began to circumvent you, then word would get out immediately. And they would be really out of business (and they need us).

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